Zeta Markets (ZEX) — price, funding and open interest
ZEX/USDT perpetual on Kraken: price 0.0008700, 24h turnover $416. Updated in real time.
What this is
Decentralised financeZeta Markets — a derivatives protocol on Solana: perpetual contracts and options directly on chain, with no exchange in between. In its time this was one of the notable attempts to move onto Solana what centralised venues live on, betting that the chain's speed would let an order book run on chain. What this shows: the protocol now has no deposited funds at all, meaning the product has stopped while the token keeps trading on its own. It is useful to tell such rows apart from live projects: the price here reflects not demand for a product but speculators' turnover on a leftover ticker.
Chart
Chart built from data of Kraken
What the data shows
ZEX trades at 0.0008700. Over 365 days it ranged between 0.0007800 and 0.2000; the price now sits in the lower third of that range — 0% of the way from the yearly low to the high.
There is only one venue — Kraken — and no second price source: if it drifted from the market, there would be nothing to notice it by.
24-hour turnover is $416 — the 26th percentile for the year: a normal level of activity for it.
The daily range is 21.4% and five-minute NATR is 0.00%. That range is in the 76th percentile for the year — an ordinary day for it.
NATR is 6.57% on the minute and 7.06% on the hour — price grinds: the hourly range is barely wider than the minute one.
ZEX correlation with Bitcoin over 24 hours is 0.63 — it partly moves with the market.
Over the day +1.16%, over the hour 0.00%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1893 of 1926 instruments in the screener.
By daily range it ranks 165 of 1926.
Built from current numbers and the coin's own year of history. Updates with the data.
How ZEX behaved before
Tracked since August 2024 — 24 full months, and falling ones prevail: 17 of 24. Median month -12.9%.
Best month — June 2025: +508.2%. Worst — July 2026: -81.2%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now ZEX is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — decentralised finance. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.